Modern Income Advisor
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Modern Income Advisor
No Result
View All Result
Home Editor's Pick

What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents

by
January 3, 2025
in Editor's Pick
0
What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

An online car rental service is under scrutiny after it was used in two incidents Wednesday.

The platform, Turo, is known as an “Airbnb of cars,” as it allows individual car owners to rent out their vehicles. Vehicle owners, known as “hosts,” can post cars to Turo’s website, where people can then rent them, with payments made through the platform.

Turo acknowledged it was used in both incidents in an online statement posted Wednesday.

‘It is with a heavy heart that we confirm that this morning’s horrific attack in New Orleans and this afternoon’s Tesla Cybertruck explosion in Las Vegas both involved vehicles rented on Turo,’ the company said. ‘Our thoughts and prayers are with the victims and their families.’

It said it did not believe the individuals who may have rented the autos involved in the incidents had criminal backgrounds ‘that would have identified them as a security threat,’ and that it was not aware of any information that indicates the two incidents were related. 

Turo

Turo said in a statement Thursday afternoon that the vehicles’ renters had valid driver’s licenses and clean background checks and that they were honorably discharged from the U.S. military.

‘They could have boarded any plane, checked into a hotel, or rented a car or truck from a traditional vehicle rental chain,’ Turo said. ‘We do not believe these two individuals would have been flagged by anyone — including Big Rental or law enforcement.’

Investigators had said earlier that Turo was used to rent a pickup truck that plowed through New Orleans revelers early Wednesday and procure a Tesla Cybertruck that was filled with explosives and burst into flames outside Trump International Hotel in Las Vegas.

Authorities have preliminarily said the service’s use in both incidents is a coincidence. On Thursday afternoon, authorities said there was not a definitive link between the two incidents.  

Turo, previously known as RelayRides, was created in 2009. It came of age during the broader boom in peer-to-peer startups, like Airbnb and Uber, that sought to disrupt many traditional markets including rentals of houses, automobiles and even swimming pools.

But with that disruption came concerns about security. For years, peer-to-peer platforms like Turo have faced criticisms after cars have been stolen to be used for nefarious purposes. The companies have previously responded that such incidents are exceedingly rare. However, over an approximately four-month period between October 2019 and February 2020, NBC News found some 49 reports of motor vehicle thefts in Washington, D.C., involved cars rented from Turo or its rival, Getaround, representing 6% of all incidents during the period.  

As of Sept. 30, Turo had about 150,000 active hosts worldwide, with 350,000 active vehicle listings and 3.5 million active guests participating on its marketplace, according to a company filing.

Turo’s website tells hosts that they are “safe” in trusting the platform because Turo “screen(s) each guest,” so hosts can be “confident when they hand over” their keys. 

This post appeared first on NBC NEWS
Previous Post

The plane that crashed in South Korea is one of the world’s most popular aircraft

Next Post

Biden blocks Japan’s Nippon Steel from $15 billion takeover of U.S. Steel

Next Post
Biden blocks Japan’s Nippon Steel from $15 billion takeover of U.S. Steel

Biden blocks Japan’s Nippon Steel from $15 billion takeover of U.S. Steel

  • Trending
  • Comments
  • Latest
Bitcoin Hits $88,000 All-Time High, Ethereum Surges 5.91%

Bitcoin Hits $88,000 All-Time High, Ethereum Surges 5.91%

November 12, 2024
Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

January 9, 2025
Tesla Stock Hits $1T Market Cap as Musk Backs Trump Return

Tesla Stock Hits $1T Market Cap as Musk Backs Trump Return

November 12, 2024
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

0
Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

Trump attacks Harris with racist stereotype, eyes ‘extreme power’ as president

0
Kamala Harris’s narrow opening with GOP-leaning voters

Kamala Harris’s narrow opening with GOP-leaning voters

0
Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

Obama rallies with Walz in Wisconsin: ‘America is ready to turn the page’

0
Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

January 9, 2025
Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.

Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.

January 9, 2025
Justice Alito says he spoke with Trump about former clerk before hush-money filing to high court

Justice Alito says he spoke with Trump about former clerk before hush-money filing to high court

January 9, 2025
Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

January 9, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

    Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

    January 9, 2025
    Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.

    Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.

    January 9, 2025
    Justice Alito says he spoke with Trump about former clerk before hush-money filing to high court

    Justice Alito says he spoke with Trump about former clerk before hush-money filing to high court

    January 9, 2025
    Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

    Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

    January 9, 2025

    Top News

    Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

    Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC

    January 9, 2025
    Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.

    Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.

    January 9, 2025

    Latest News

    • Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC
    • Jimmy Carter’s funeral will bring all five living presidents together in Washington, D.C.
    • Justice Alito says he spoke with Trump about former clerk before hush-money filing to high court
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 modernincomeadvisor.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 modernincomeadvisor.com | All Rights Reserved